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Daily Mail, London, Business Briefs.
Knight Ridder/Tribune Business News, January, 2003
Daily Mail, London Knight Ridder/Tribune Business News
Jan. 15--CITY SPIN DOCTOR Tim Blackstone appeared at Blackfriars Crown Court accused of four counts of insider dealing. He was charged last year over a of shares in Murray Financial.
ERNST & YOUNG DENIES CHARGE: Accountant Ernst & Young admitted in court that it failed to insist on a provision for potential losses in an audit of Equitable Life, but denied failing in its duty.
KMART CUTBACK: U.S. retailer KMart is to close 326 stores and cut up to 35,000 jobs. Struggling in a dominated by Wal-Mart, it sought bankruptcy protection a year ago and is now due to emerge.
FREESERVE'S French parent Wanadoo will break into profit this year, joining a growing trend among the few...
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